To address its problem of relatively frequent reorgs, Polygon wants to reduce the amount of time it takes to finalize a block to verify successful transactions. The plan is for Polygon’s “sprint length” to be reduced from 64 to 16 blocks, meaning that a block producer can produce blocks for BlockchainForkHardPolygonsUndergo Read More
In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin’s upcoming halving, which is expected to occur 203 days from now.
Litecoin Halving Set AmongBitcoinBlockCryptocurrenciesDaysHalvingLitecoinMajorNewsPoWRewardUndergo Read More
“In the trilemma of scalability, decentralization and security, we focus on decentralization,” Stefan George, the co-founder and chief technology officer at Gnosis, told CoinDesk. “Contrary to many ‘Ethereum killers,’ which favor scalability over decentralization, cheap blockspace is a commodity whereas decentralized blockspace is a scarce resource.”
Original Source chainGnosisMergePrivacyFocusedProofofStakeUndergo Read More
Though decentralized finance is one of the dominant uses for blockchain technology today, it can be easy to forget that the industry is still in its very earliest stages of development. After all, just three years ago, automated market makers (AMMs), yield farms, algorithmic stablecoins, and more, were essentially non-existent.
But DeFiRadicalTransformationUndergo Read More
XRP underwent an extremely strong rally at the end of November. The cryptocurrency, as many remember, surged around BreakoutMonthsPivotalRallyUndergoXRP Read More
On Tuesday morning, Bitcoin once again dropped under $10,000 and Ethereum pushed lower. After a poor open in BounceBTCCoinsDeFiDropEthereumStrongUndergo Read More
The fifth-largest cryptocurrency by market cap, Bitcoin Cash (BCH) is set to undergo halving today, April 8, 2020, which means that the number of BCH coins created approximately every 10 minutes will fall from the current 12.5 to 6.25. Notably, this will be a milestone in BCH’s relatively short history, BCHBitcoinCashHalvingHoldMinersPoisedTightUndergo Read More
The Cardano (ADA) network will perform a scheduled upgrade on Feb. 20 to introduce Ouroboros BFT, an improved consensus mechanism. The update is an intermediate step between the current Byron era and Shelley, which will introduce staking on mainnet.Announced by IOHK on Feb. 19, the upgrade will be executed CardanoNetworkPreparationShelleyUndergoupgrade Read More